Sprint Boasts Quarterly Winning Streak

Q3 Yields 5%-Plus Growth in Net Operating Revenue

       The $8.5 billion in net operating revenue was up $442 million from Q3 2015, while $500 million in cost-cutting measures for the quarter boosted the year-to-date level to the $1.6 billion figure. The release said Sprint remains on track to hit its goal of a sustainable reduction of at least $2 billion in run-rate operating expenses for FY 2016, and plans further reductions in fiscal year 2017 and beyond.